Reiner Business reported net income of \(\$ 97750\) for 20X2. Interest expense of \(\$ 6000\) was deducted in the calculation of this net income. The schedule shows other information about the business' capital structure.

Required:
a Calculate the return on total assets for 20X2.
b Calculate the return on owner's equity for \(20 \mathrm{X} 2\).
c Calculate the debt ratio at the end of 20X2. How does this compare with the debt ratio at the end of 20X1?

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Total Assets Total Owner's Equity 31/12/20X1 $837 500 518 750 31/12/20X2 $912 500 581 250